Senior Finance Executive
1 year ago Banking Bengaluru 173 views Reference: 20332Job Details
Job ID:R-39975
Category: Finance
Business Context and Main Purpose of the Job:
Unilever Operations (UniOps) is a global business unit that will manage the company’s shared business services, made up of HR Services, Finance Transactions, IT services, Information Management Services and Workplace Services.
Mission - To provide excellent services globally which enable Unilever to win in the market by
putting the business’ goals at the heart of what we do
leveraging cost-effective, best practice, global solutions across Unilever to meet users’ needs
making continuous improvement in both cost and service an integral part of our way of working
building a professional services organisation that enables our people to give their best
developing win-win relationships with selected providers to meet our current and future requirements
The key benefits from UniOps are expected to be:
Lower cost of delivery through standardisation, simplification, process harmonisation & scale leverage.
Better user experience by delivery of integrated service bundles to end-user.
Continuous improvement through end-to-end process ownership.
Within the service catalogue of UniOps, Commercial Experience (CommEx) organisation is responsible for the management and delivery of Finance Services globally, both through third-party outsourced providers and through in-sourced operations. The Supply Chain Finance Services team is responsible for the End to End Supply Chain Accounting processes from SC transactional activities to provide transparency in SC Cost movements to the SC Finance and MSO Finance organisation, including being the guardian of the global product costing rulebook, compliance and controls, (SOX, audit) regarding SC operational related activities, maintenance of routings, month end close process.
The Unilever Operations Centre (UniOps, Finance Shared Service centre) will be responsible for providing up to date, and relevant Supply Chain Accounting information to its customers (SC Finance and Cluster/Country finance) through various channels to provide relevant, accurate and timely reports on SC Accounting activities (Product Costing, Transfer Pricing), and transparency in SC Cost movements (end to view on changes in input drivers to impact on SC Cost in countries P&L.
Key activities summary :
Executes with rigor and discipline SC accounting activities like product costing, transfer pricing, actual costing covering 120 factories, 12 billion SC cost / annum
Executes checks and controls and reach out to input stakeholders to revise input templates for both actual and standard
In depth understanding of business systems and tools
Track and register for SOX and Audit purposes
Subject matter expertise for specific accounting processes and country issues;
Excellent service delivery;
Main Accountabilities
Demonstrated capability to perform in a highly qualified and motivated team and to take responsibility for the end-to-end Supply Chain accounting process for the cluster/countries serviced
Track record of excellent service delivery.
Rigor and discipline in execution of Product Costing, Actual costing and Transfer pricing
Provide subject matter expertise for specific sub-process within the harmonized operating model, and support further harmonization of these processes with the (senior) executives
Register product costing, actual costing and transfer pricing for SOX and Audit purposes
Executes checks and controls and take appropriate actions
Reports in depth analysis of technical variances against standard during month and takes corrective actions
Register performance via agreed set of KPI’s
Assist Assistant managers with ad hoc questions.
Key accountabilities
Customer Service
To accurately perform Supply Chain Accounting Analyses to meet customer demands on understanding of SC Cost movements
To adhere to the departmental service levels and the factors that affect service, providing a high standard customer service.
Apply the work instructions accurately to comply with the financial systems and rules.
Active involvement in team meetings – suggest ways of improving efficiency and the service provided.
Perform 2P related activities
Cost Actualization – Calculation of actual cost of finished goods produced and dispatched to HUL by 2P units
During the month
Comparison of RM PM prices with current rates in SAP.
Verifying the BOM usage check (PO Vs SAP).
Verify the conversion costs with the conversion master.
Perform month end activities like
Generate volume report from SAP
Backward calculation of RM PM prices, conversion cost BOM usage to PO.
Fiscal Benefits calculation.
Packed Stock value report ( Provide breakup of finished goods)
Perform month end activities for 3Ps like
Financial reporting – To analyse the cost booked against each CBU Perform Stock review with relation to RM/PM – Analysing the stock levels at various locations against the requirement Perform Stock review with relation finished goods- Analysing the age of the products in a particular location Perform Technical Efficiency analysis – Analysing the over consumption of RM/PM over the prescribed standards and recovering the same from the 3P cells
Volume Consolidation/Consolidation of dispatch volumes for the current year by month to understand the trend
Through engagement with the role and the wider team, seek to improve service levels, quality, KPIs and targets.
Quality
Understand the SC accounting policy and procedures required.
General
Take personal responsibility to undertake training in personal development and seek to understand communication of changes impacting the role. Carry out additional duties as shall from time to time be required.
Understand and demonstrate the values and culture of the department.
Comply with corporate policies and procedures. Deal with issues in an appropriate and
Direct Reports: None
Key Interfaces:
Procurement finance managers and buyers
Sourcing unit controllers
SC FS team
Master Data team (ES IM)
Country 3P Cell Team
HUL FP&A team
Critical success Factors for the Job
Key Skills
Ability to apply professional knowledge in SC accounting, factory accounting, procurement finance
Effective communications both written and oral in English
Demonstrated ability to analyse and interpret problems / data gathered from a variety of sources.
Rigor and discipline in execution of processes
Ambitious and pro-active attitude and willingness to learn
Understanding of SAP
Relevant Experience
Strong Management Accounting skills - SC Accounting
University Graduate (or equivalent) preferably master’s in finance, Financial accounting, Business Economics or Business Administration
Strong knowledge of key Finance processes in Management accounting area
Knowledge of Excel, Access and SAP
Experience in change management programs
Interested candidates Click on below link Apply Online and you will be redirected to Career Page of Company or Career url.
